LENDER UPGRADE PROGRAM
CarSaver’s lender upgrade program is a turnkey program that empowers lenders to increase profitability and retain more auto loans.
90%
of your auto loans will finance their car with someone else
QUICK STATS
40%
of your current auto loans are eligible to roll over into a new loan
The program notifies your customers when they can upgrade to a newer loan and links them to a personalized portal with real, down-to-the-penny payments based on your rates and programs.
CarSaver’s all-in-one site delivers a best-in-class experience for loan customers to shop, buy, insure, and finance the top brands of new and pre-owned vehicles, 100% online, from certified dealers who have committed to never flip pre-approved loans.
HOW IT WORKS
BENEFITS
CUSTOMER BENEFITS
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One-click vehicle upgrade
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More car, more often, for a similar, sometimes lower, monthly payment
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Ease and time savings of doing everything 100% online
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Buy with confidence backed by a Lifetime Powertrain Warranty
DEALER BENEFITS
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Grow market share of new and used auto loans at a lower cost per sale
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Reduce loan acquisition, credit app, bureau, and LOS costs
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Reduce loan defection
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Increase direct-to-consumer business
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Improve customer satisfaction and loyalty
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Strengthen dealer relations by delivering car sales
LENDER BENEFITS
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Sell more cars, more often, at a lower cost per sale ($350 vs. $652)
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Profit from sale, loan, F&I, and the reconditioning and reselling of used vehicle trade-in
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Source and sell more CPO and used vehicles through upgrade trade-ins
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Improve customer satisfaction and retention
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Increase purchase frequency by reducing trade cycle from 8 years to 2 years
RE-ORIGINATION OPPORTUNITY
CONTACT
If you want to learn more or set up a one to one appointment, please use the button below to submit your information and we will contact you.
ABOUT CARSAVER
CarSaver was recognized for building an industry-leading digital retail platform that helps people and sell cars, 100% online, through a fully-automated experience that saves buyers and sellers time and money.
CarSaver has exclusive partnerships with Walmart and iHeart, was selected by Nissan to power 100% of its eCommerce in the U.S. The Company has been recognized by JD Power and Automotive News PACE Award for its innovative technology and leading eCommerce platform for OEMs and lenders.